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Topic: Poll: Is Bitcoin a weapon or speech? - page 2. (Read 293 times)

member
Activity: 74
Merit: 83
November 27, 2022, 04:55:42 PM
#4
The legal precedent is that encryption is a munition in the United States, and therefore protected by the Second Amendment.

Don't confuse people here, there is no such precedent.

Bitcoin is a digital currency. It's not a weapon, it's not a free speech mechanism. There's absolutely no way that any court would deem that Bitcoin is protected within the First or the Second amendment. If the US government has a precedent of seizing gold, why would it recognize the right to own Bitcoin as a part of the Constitution?

Snipped

Despite all the rough and hard times bitcoin had suffered from US i can tell you vividly that US is still one of the countries with the highest numbers of bitcoiners in the world, yet it government attacking to regulate the currency, but your comparison here is what may be confusing because I don't see any correlation between bitcoin and speech, if bitcoin had been considering all manners of speeches against it maybe it could have been nowhere today, everyone has the freedom of speech while bitcoin remains unltared by any level of human speech levied against it.

I don’t mean to confuse anyone. This is not my analysis. The weapon position is from someone named Jason Lowery who works for the US Space Force. I do believe Bitcoin falls under speech because we have a 12 word seed phrase that gives us access to our property. Nobody can say we are not allowed to keep those 12 words in our head, speak those words, or write them down.
sr. member
Activity: 798
Merit: 436
November 27, 2022, 02:52:48 PM
#3
Snipped

Despite all the rough and hard times bitcoin had suffered from US i can tell you vividly that US is still one of the countries with the highest numbers of bitcoiners in the world, yet it government attacking to regulate the currency, but your comparison here is what may be confusing because I don't see any correlation between bitcoin and speech, if bitcoin had been considering all manners of speeches against it maybe it could have been nowhere today, everyone has the freedom of speech while bitcoin remains unltared by any level of human speech levied against it.
legendary
Activity: 3038
Merit: 2162
November 27, 2022, 01:54:44 PM
#2
The legal precedent is that encryption is a munition in the United States, and therefore protected by the Second Amendment.

Don't confuse people here, there is no such precedent.

Bitcoin is a digital currency. It's not a weapon, it's not a free speech mechanism. There's absolutely no way that any court would deem that Bitcoin is protected within the First or the Second amendment. If the US government has a precedent of seizing gold, why would it recognize the right to own Bitcoin as a part of the Constitution?
member
Activity: 74
Merit: 83
November 27, 2022, 02:41:23 AM
#1
There is an ongoing battle on Bitcoin Twitter about whether Bitcoin should be considered a weapon (and protected by the Second Amendment in the US) or speech (and protected by the First Amendment in the US).

The legal precedent is that encryption is a munition in the United States, and therefore protected by the Second Amendment. During the Crypto Wars of the 90’s, cypherpunk Adam Back made a ridicule of this by creating a t-shirt with an RSA-encrypted message on the back, making it illegal to export or show this shirt to non-US citizen.

EDIT

I personally don’t care what Bitcoin is called. However, there are people in the US government trying to legally classify Bitcoin as a weapon. That is why this conversation is important. To me, Bitcoin is property, and nobody has the right to take your property. Unfortunately in the US, property is irrelevant because politicians have interpreted the Commerce Clause of the Constitution to mean they can regulate absolutely any "substance" in existence.
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